3i Group share price jumps 14% as Action update sparks fresh bets — what’s next
3i Group shares jumped about 14% in London after reporting higher net asset value and agreeing to buy an extra 2.9% stake in Action from GIC for £1 billion in new shares. Net asset value per share rose to 3,017 pence at Dec. 31. The Action deal is set to close Jan. 30, raising 3i’s stake to 65.3%. Investors await further updates at Action’s March 26 seminar.